Why Do People Commit Fraud?
Why do people commit fraud? We understand “fraud” as including a range of criminal and unethical behaviours and we will use it in that sense in this article, too. That aside, there is no one simple answer to this question.
How to Improve Customer Loyalty
Loyalty Is Defined As A Strong Feeling Of Support Or Allegiance. In business, the best way to engage with your customers is to understand their needs, their ‘lived’ experiences and to give them the best follow up service. In turn, you will get their loyalty.
The Role of the Company Secretary
The Companies Act, No 71 of 2008 (the Act) prescribes that all public and state-owned companies are required to have a Company Secretary. The role and responsibility of the Company Secretary is outlined in Section 88(1) – (2) of the Act and can be summarised as follows – noting that this is not an exhaustive […]
Choosing the Right Accountant
Who is keeping score while you are in the game? How do you know if you have the right accountant?
When Should I Establish a Risk Management or Internal Audit Function?
We are often asked the above question by organisations. Much like the answer to any business endeavour, the short and easy answer is when the value exceeds the cost. However, the value is not always very easy to measure.
Combined Assurance – What Is It?
The term “Combined Assurance” has been very popular over the last few years, and there are many queries as to what exactly this concept entails. Much like Risk Management, the removal of the capital letters somewhat demystifies the notion.
Can Employees Claim Home Office Expenses?
An individual who operates as a sole proprietor is eligible for all deductions and allowances provided for in the Income Tax Act 58 of 1962 (the Act) with regard to their business expenses. An individual who is an employee however is limited in the deductions that may be claimed against their salary due to the […]
Is Bartering Making a Comeback?
Bartering, the ancient and original form of trading used before the introduction of legal tender, allows parties to dispense with cash but still be able to acquire the goods and services they require. Tough economic times across the globe have seen an increase in trading by bartering. Bartering is making a comeback!
Incentive for Employers to Provide Bursaries
An excerpt from Minister Gordhan’s budget speech around the proposed fringe benefit tax exemption thresholds for bursaries and when these might become effective.
What is Skills Development?
The Skills Development Act and Skills Development Levies Act require businesses with yearly payrolls of R500 000 and over to register for Skills Development Levies (SDL).